Is Huddleston, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huddleston is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Huddleston has remained a Seller's Market.

Key Takeaway

Huddleston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Huddleston, VA

How much do homes in Huddleston, VA cost?

Median Sold Price

$389,900

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,900(+6.2%)

Key Takeaway

Homes in Huddleston have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Huddleston was $389,900 in March 2024, up 6.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $135K$147.5K
+9.3%
2 $359.9K$377.4K
+4.9%
3 $396.6K$425K
+7.1%
4 $675K$779K
+15.4%
5+ $1.3M$1.0M
-22.3%

Summary: Huddleston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 22.3%.

Median Sold Price Compared To Nearby Cities

Lynch Station
+15.6%
Lakes
+8.6%
Huddleston
+6.2%
Moneta
-9.8%

Housing Supply in Huddleston, VA

How many homes are available in Huddleston, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4662+34.8%

Summary: The Huddleston real estate market had 62 homes for sale in March 2024, a 34.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 66
0.0%
2 1212
0.0%
3 1326
+100.0%
4 1315
+15.4%
5+ 23
+50.0%

Summary: The Huddleston housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huddleston, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Huddleston in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.

Days on Market for Huddleston, VA

How long does it take to sell a home in Huddleston, VA?

Average Sale Time

Mar 2023Mar 2024CHANGE
64 Days55 Days-14.5%

Summary: Homes in Huddleston had an average of 55 days on market in Mar 2024, down by 14.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huddleston are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 11 homes were sold in Huddleston; 18% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Huddleston, VA

Nearby Markets to Huddleston, VA

What housing markets are near Huddleston, VA?